Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

SNG.V ·

Silver Range Completes Work at Tonto Del Pueblo and Provides Property Option Update

Property Options & Staking

Suite 510 – 110 Melville Street

Vancouver, B.C. V6E 4A6

Tel: 604-687-2522

www.silverrangeresources.com

TSX-V: SNG

SILVER RANGE COMPLETES WORK AT TONTO DEL PUEBLO AND PROVIDES

PROPERTY OPTION UPDATE

May 31, 2023 – Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range” or the “Company”)

is pleased to provide an update on exploration work in Nevada and property option activity.

In April, Silver Range completed an exploration program at the Tonto del Pueblo Property

(“TDP”) in northern Nye County. TDP hosts gold mineralization in several settings with initial

samples returning up to 35.4 g/t Au and 4 out of 10 samples collected during staking returning

analyses greater than 5 g/t Au (Silver Range news release dated January 14, 2022). Silver Range

expanded the claim block to 1 5 claims; sampled numerous workings on the property; and

conducted geological mapping, prospecting, alteration m apping and packsack diamond drilling.

Analytical results are pending. In late May, Precision Geosurveys Inc. of Langley B.C. completed

airborne total magnetic field and radiometric surveys covering the expanded claim block and

surrounding areas.

On Ma y 17, Silver Range signed an amendment with Excalibur Metals Corp. (“Excalibur”)

granting Excalibur until December 31, 2023 to fulfill the terms in the Definitive Agreement

covering the Bellehelen Property ( Silver Range news release dated December 22, 2022 ).

Consideration in the amount of U$16,200 was paid to Silver Range.

Technical information in this news release has been approved by Mike Power, M.Sc., CPG, President

and CEO of Silver Range Resources Ltd. and a Qualif ied Person for the purposes of National

Instrument 43-101.

Silver Range is a precious metals prospect generator working in the Southwest United States and

Northern Canada. It has assembled a portfolio of 45 properties, of which 15 are currently under

option to others. Four other properties have been converted to royalty interests. Silver Range is

actively seeking other joint venture partners to explo re the high-grade precious metals targets in

its portfolio.

ON BEHALF OF SILVER RANGE RESOURCES LTD.

“Mike Power”

President, C.E.O. & Director

2

For further information concerning Silver Range or its exploration projects please contact:

Investor Inquiries

Richard Drechsler

Vice-President, Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

[email protected]

http://www.silverrangeresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release.

This news release may contain forward looking statements based on assumptions and judgments

of management regarding future events or results that may prove to be inaccurate as a result of

exploration and other risk factors beyond its control, and actual results may differ materially from

the expected results.